Property summary
This exceptional commercial land opportunity presents a highly desirable 0.99-acre parcel located in the heart of downtown Louisville, Kentucky. The property, situated at 725 S 7th St, features a substantial 154-space parking lot, ideal for various commercial uses. The lot is comprised of seven contiguous parcels (APN: 029A00390000, 029A00380000, 029A00370000, 029A00360037, 029A00350000, 029A00340000, 029A00330034), offering flexibility for development or continued operation as a parking facility. Its strategic location on the corner of 7th and York Streets provides excellent ingress and egress, ensuring convenient access for patrons. The property benefits from its proximity to key landmarks including the USPS, LG&E, Gannett/Courier Journal, and numerous government services, guaranteeing high visibility and potential for strong rental income. The asking price is $1,250,000, reflecting the significant value and potential of this prime downtown location. The property is zoned PD - Planned Development, offering a range of development possibilities. This presents a rare opportunity to acquire a substantial commercial land holding in a thriving urban environment. Serious inquiries are encouraged.
Property profile
VerifiedCap rate & NOI
Current use
-
Parking Lot & Garage
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C2-COMMERCIAL · Louisville, KYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C2-COMMERCIAL in Louisville, KY.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight